Teijin (OTCMKTS:TINLY) Shares Gap Down – Should You Sell?

Teijin Ltd. (OTCMKTS:TINLYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $11.43, but opened at $10.6050. Teijin shares last traded at $10.6050, with a volume of 1,598 shares trading hands.

Teijin Stock Performance

The stock has a 50 day moving average of $9.22 and a 200 day moving average of $8.81. The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of -5.99 and a beta of 0.07.

Teijin (OTCMKTS:TINLYGet Free Report) last released its earnings results on Wednesday, February 4th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $1.36 billion for the quarter.

Teijin Company Profile

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Teijin Limited is a diversified Japanese conglomerate headquartered in Tokyo, with roots dating back to 1918 when it launched Japan’s first rayon manufacturing facility. Over the past century, the company has evolved into an integrated chemical, pharmaceutical and information technology group serving a wide range of global markets. Teijin operates through multiple business segments that include advanced fibers & composites, performance films, healthcare and IT solutions.

In its fibers & composites division, Teijin produces high-strength aramid fibers under brands such as Twaron and Technora, along with carbon fiber composite materials used in aerospace, automotive and industrial applications.

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